Even in the depths of the GFC collapse after Lehman Brothers went bankrupt the -2X financials ETN (SKF by ProShares) I owned didn't have any problems.
Of course shortly thereafter I was sort of forced to sell it since Bush & his cronies decided that they no longer believed in free markets anymore & banned short selling on the TBTF financials.
Of course shortly thereafter I was sort of forced to sell it since Bush & his cronies decided that they no longer believed in free markets anymore & banned short selling on the TBTF financials.